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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Watertown-Fort Drum, NY

In Watertown-Fort Drum, NY, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $48,600. This figure is slightly below the national average of $51,940, reflecting localized economic factors and demand within this specific New York region. The unique economic landscape of Watertown-Fort Drum influences compensation for these essential financial roles.

Executive Summary

  • Average Salary: $48,600 per year.
  • Growth Trend: Salaries have shifted 21.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,420.
  • Outlook: The Watertown-Fort Drum area supports a dedicated workforce of 390 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 1.07, this indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and consistent demand for professionals in this field within the local market.
2024 Market Data

Salary Overview

$48,600

The average Bookkeeping, Accounting, and Auditing Clerks in Watertown-Fort Drum, NY earns-6.4%below the national average.

BreakdownBased on 40h/week
Hourly

$23.4

Weekly

$935

Monthly

$4,050

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Watertown-Fort Drum, NY

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Watertown-Fort Drum typically involves salary increases with experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries significantly above the average, reflecting a clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,310$16.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,450$17.5
ManagerOversees team, compliance, and project delivery.50% (Median)$46,570$22.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,750$29.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,420$30.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$48,600

Gross Pay

Real Wage (Purchasing Power)

$48,600

Adjusted for COL (100)

The average annual salary of $48,600 in Watertown-Fort Drum aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a clerk's salary in this region is comparable to the national standard, offering a stable financial environment for residents.

Job Market Context

390

Total Jobs

10.082

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Watertown-Fort Drum, NY has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.07 for Bookkeeping, Accounting, and Auditing Clerks in Watertown-Fort Drum suggests a job market that is slightly more concentrated than the national average. This indicates a healthy presence of these roles, implying a competitive yet accessible environment for both employers seeking talent and professionals seeking employment.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Watertown-Fort Drum, NY

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Watertown-Fort Drum, NY?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Watertown-Fort Drum, NY is $48,600. This typically ranges from $34,310 for entry-level positions to $63,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Watertown-Fort Drum, NY is 6.4% lower than the national median of $51,940.

Is Watertown-Fort Drum, NY a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not significantly more lucrative than the national average.While the salary of $48,600 is competitive within the local market, it falls slightly below the national average. However, the cost of living is also at the national average, making the salary's purchasing power equivalent.

Is Watertown-Fort Drum, NY a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Watertown-Fort Drum, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Watertown-Fort Drum, NY?

Some top paying nearby cities include Syracuse, NY ($53,120) and Utica-Rome, NY.

How does the Watertown-Fort Drum salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Watertown-Fort Drum is $48,600, which is slightly lower than the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Watertown-Fort Drum?

The concentration, measured by the Location Quotient, is 1.07, indicating a slightly higher presence of these roles in Watertown-Fort Drum compared to the national average.

How does the cost of living affect the salary in Watertown-Fort Drum?

With a Cost of Living Index of 100, the nominal salary of $48,600 offers purchasing power equivalent to the national average, suggesting a balanced economic environment.

What is the total workforce size for these roles in Watertown-Fort Drum?

There are approximately 390 Bookkeeping, Accounting, and Auditing Clerks employed in the Watertown-Fort Drum area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Watertown-Fort Drum, NY area with a job density of 10.082 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.